14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DD
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

DuPont de Nemours, Inc. stock downgraded to Hold/Accumulate
(Updated on May 07, 2024)

Buy or Hold candidate since May 01, 2024 Gain 1.25% PDF

The DuPont de Nemours, Inc. stock price gained 0.97% on the last trading day (Tuesday, 7th May 2024), rising from $78.53 to $79.29. During the last trading day the stock fluctuated 1.09% from a day low at $78.77 to a day high of $79.63. The price has risen in 6 of the last 10 days and is up by 7.44% over the past 2 weeks. Volume fell on the last day by -168 thousand shares and in total, 2 million shares were bought and sold for approximately $144.08 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $80.28 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 12.87% during the next 3 months and, with a 90% probability hold a price between $82.68 and $90.62 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

DD Signals & Forecast

The DuPont de Nemours, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $76.85 and $75.41. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 30, 2024, and so far it has risen 9.37%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Wednesday, June 28, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, June 28, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for DuPont de Nemours, Inc. stock

DuPont de Nemours, Inc. finds support from accumulated volume at $78.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.86 between high and low, or 1.09%. For the last week, the stock has had daily average volatility of 1.85%.

The DuPont de Nemours, Inc. stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $76.94 (-2.96%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 5 days ago.)

Trading Expectations (DD) For The Upcoming Trading Day Of Wednesday 8th

For the upcoming trading day on Wednesday, 8th we expect DuPont de Nemours, Inc. to open at $79.23, and during the day (based on 14 day Average True Range), to move between $77.85 and $80.73, which gives a possible trading interval of +/-$1.44 (+/-1.82%) up or down from last closing price. If DuPont de Nemours, Inc. takes out the full calculated possible swing range there will be an estimated 3.63% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $78.31, some $0.98 (1.24%) from the current price of $79.29, our system finds the risk reward attractive.

Is DuPont de Nemours, Inc. stock A Buy?

DuPont de Nemours, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for DuPont de Nemours, Inc. of Wednesday, May 8, 2024

Fair opening price May 8, 2024 Current price
$79.23 ( 0.0757%) $79.29

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 80.09 1.01 %
R2 79.76 0.595 %
R1 79.56 0.339 %
Current price: 79.29
Support S1 78.90 -0.490 %
S2 78.70 -0.746 %
S3 78.37 -1.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 79.29
Support S1 78.31 -1.24%
S2 73.43 -7.39%
S3 68.45 -13.67%

DD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 17, 2024 May 30, 2024 Jun 17, 2024 $0.380 0.479%
2 Feb 28, 2024 Feb 28, 2024 Mar 15, 2024 $0.380 0.517%
3 Oct 17, 2023 Nov 29, 2023 Dec 15, 2023 $0.360 0.492%
4 Jun 27, 2023 Jul 28, 2023 Sep 15, 2023 $0.360 0.483%
5 Apr 19, 2023 May 30, 2023 Jun 15, 2023 $0.360 0.516%

FAQ

What is the symbol for DuPont de Nemours, Inc. Stock and on which exchange is it traded?
The symbol for DuPont de Nemours, Inc. is DD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell DuPont de Nemours, Inc. Stock?
DuPont de Nemours, Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy DuPont de Nemours, Inc. Stock?
DuPont de Nemours, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy DuPont de Nemours, Inc. Stock.

What's the current price of DuPont de Nemours, Inc. Stock?
As of the end of day on the May 07, 2024, the price of an DuPont de Nemours, Inc. (DD) share was $79.29.

What is the 52-week high and low for DuPont de Nemours, Inc. Stock?
The 52-week high for DuPont de Nemours, Inc. Stock is $21.45 and the 52-week low is $1.20.

What is the market capitalization of DuPont de Nemours, Inc. Stock?
As of the May 07, 2024, the market capitalization of DuPont de Nemours, Inc. is 33.151B.

When is the next earnings date for DuPont de Nemours, Inc.?
The upcoming earnings date for DuPont de Nemours, Inc. is Aug 07, 2024.
Click to get the best stock tips daily for free!

About DuPont de Nemours, Inc.

DuPont de Nemours. DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Electronics & Industrial, Mobility & Materials, and Water & Protection. The Electronics & Industrial segment supplies materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semic... DD Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT